Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $21,555 and provides expected cash Inflows of $6,800 annually for four years. Assume Park Co. requires a 8% return on its investments. QS 24-3 Internal rate of return LO P4 1-a. What is the internal rate of return? (PV of $1. FV of $1. PVA LSI, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on its internal rate of return, should Park Co. make the investment? Complete this question by entering your answers in the tabs below. Required IA Required 18 What is the internal rate of return? Present value factor Intemal rate of retum Required 13 > Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $21,555 and provides expected cash inflows of $6,800 annually for four years. Assume Park Co. requires a 8% return on its investments. QS 24-3 Internal rate of return LO P4 1-a. What is the internal rate of return? (PV of $1. FV of $1. PVA of $1. and FVA of $1 (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on its internal rate of return, should Park Co. make the investment? Complete this question by entering your answers in the tabs below. Required LA Required 15 Based on its internal rate of return, should Park Co. make the investment? Based on its intemal rate of retum, should Park Co make the investment? Yes